The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1887-02-23
goeals.
Rail Roads for Winston.

On the nlgnC OI the l9Cn 1nSt., a large
and enthusiastic meeting of the cit
;zens of Winston-Salem was held in
Browns Opera House, to consider propo-
sitions submitted by Col. A. B. Andrews,
on the part of the R. & D. R. R. Co.,
looking to the completion of the n. c..
Midland Road from Winston to Mocks-
Vile and to extend the N. w. N. G. R. R.
to Wilkesboro,
Mr.. II. w. Fries of Salem was made
Chairman and editors of the local papers
secretaries of the meeting.
DR.. Schaffner, stated briefly the pro-
ceedings had in a meeting of the Stock
holders at Greensboro on the 10 inst,
and before which was read resolutions
presented by Col. A. B. Andrews, that
were adopted in New York at a recent
meeting as follows:
Resolved, That it is the sense of the
shall be extended from Winston to
be resumed on the n. c.. Midland, and
TIE pOIVlOII VI ia lodo "lIISlOI
to Mocksville should be first constructed.
vice-president, is hereby instructed to
take the steps necessary to carry out
this policy.
The meeting of the stockholders then
passed the following:
WHEREAS, This is received as a propo-
sition on the part of the R. & D. R. R.
Co., made in good faith and with assur-
ance that the work on the n. G.. Midland
Railroad from Winston to Mocksville is
to be commenced within 80 days and
prsecuted as named in the resolution to
completion.
Resolved, By the stockholders of the
n. c.. NJ. in general meeting assembled,
4l434 shares of stock being represented,
that the president and directors are
instructed to cooperate with A. B. An
drews and the R. & D. R. R. company
in the immediate prosecution of the
work from Winston to Mocksville, as a
part of N. c.. NJ. R. R., and under the
charter of said railroad.
Mr.. James A. Gray, to get the matter
in tangible shape for the action of the
meeting presented the following:
We the undersigned residents and tax
payers of Winston township, Forsyth
county, North Carolina, petition the
Board of County Commissioners to call
an election as provided for in Chapter 43,
Laws of 1879, to be held on the 18th day
of April, 1887, or such other day as they
may determine, on the proposition to
subscribe 100000 in Bonds of Winston
township to the Capital Stock of the
Northwestern North Carolina Railroad
Company.
The subscription is to aid in the extern
sion of N. w. N. c. R. R. through the
Yadkin Valley to Wilkesboro, N. C. and
it is understood that it is to be made on
the following conditions:
LIST. That said bonds shall run for the
term of thirty years and bear interest at
the rate of six per centum per annum
I'd. That the said bonds shaNbe deposit
ed in the custody o. and shall
be delivered to the said n. w. N. c.. Co.,
only on the order of the board of COM
missioners of Forsyth county as follows:
$4,000, when said extension is built,
equipped and trains running thereon to
a point 10 miles from Winston.
$4,000, when built, equipped and
trains running to a point 20 miles from
Winston.
$4,000, when built, equipped and
trains running to a point 80 miles from
Winston.
$4,000, when built, equipped and
trains running to a point 40 miles from
Winston.
Sd. That said bonds shall bear interest
only from the date of their delivery to
the said N. W. N. C. R. R. Co.
4th. That said subscription shall be
valid only on condition that the said N.
W. NC. R. R. Co.. shall begin work of
construction on said extension within
one year from the date of said subscrip-
ton, and they shall have the construct
ION completed and trains running over
the specified 40 miles within 4years from
The date of said subscription.
On failure to begin the work within
one year or to complete it within four
years, as provided, the said bonds shall
be returned to the Board of Commission
ers of Forsyth county and by them